News

Mobile Payments
MercadoLibre’s Payments App Packs Lucrative Wallop in Latam
April 28, 2022

MercadoPago, the payments division of MercadoLibre — a Latin American eCommerce giant akin to Amazon — is now one of the company’s most profitable units, the Financial Times (FT) reported Thursday (April 28). Get the Full Story Complete the form to unlock this article and...

B2B Payments
Companies Use Instant Payments to Recruit, Retain Employees
April 28, 2022

Companies now recognize that they can unlock numerous benefits by modernizing and digitizing how they disburse funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

IPO
FinTech IPO Index Continues Free Fall Amid Conflicting Signals on Consumer Spend, Earnings Season
April 28, 2022

Down 7.5% for the week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

Payment Methods
Zai Offers CurrencyFair Money Transfer System to US Customers
April 28, 2022

Embedded finance provider Zai has launched its CurrencyFair money transfer service for customers across the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Banking
Tink Expands Open Banking Services Across Europe
April 28, 2022

European open banking platform Tink is taking its Payment Initiation Services (PIS) product to five new markets — the Netherlands, Norway, Estonia, Finland and Latvia, per a blog post on Wednesday (April 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Pinterest Makes Itself More Shoppable as Platform Positions Commerce to Pick up Ad Slack
April 28, 2022

Moving deeper into its shift from social sharing and lifestyle app to a product discovery platform, Pinterest is putting commerce at the center of 2022 growth plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Mattel Boasts Record-Setting $1B in FY22 Q1 Net Sales
April 28, 2022

If the reports about Mattel putting itself on the block are true, potential buyers could be getting a company on the upswing based on the toymaker’s fiscal 2022 first-quarter earnings report announced Wednesday (April 27). Get the Full Story Complete the form to unlock this...

CFPB
CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
April 28, 2022

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one day after attending a similar hearing in a Senate Banking committee. Get the Full Story Complete the form to unlock...

Regulation
UK Tech Regulator Warns of High Cost of Internet Bill Compliance for Small Business
April 28, 2022

The U.K. Online safety bill, a new law that will significantly increase the responsibilities of Big Tech firms for the content posted in their platforms, may raise costs for small businesses, said Gill Whitehead in an interview with the Financial Times.  Get the Full Story...